Cameron Winklevoss and Tyler Winklevoss popularly known as Winklevoss twins are American entrepreneurs, Olympians, and Bitcoin evangelists who are known for their legal battle against Mark Zuckerberg over the idea of creating Facebook. Winklevoss twins net worth is $6 billion.
As most of their net worth is in digital currencies and related businesses, the exact net worth cannot be calculated at a given point. It is varying and we can check the average only as with other crypto billionaires like Michael Saylor, Fred Ehrsam, Sam Bankman-Fried, and others.
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Winklevoss Twins Net Worth
The net worth of the Winklevoss brothers is estimated to be around $6 million as of now. Their net worth includes investments in cryptocurrencies, startups, crypto exchanges, and more. Their famous investment was in Bitcoin after they won the legal battle and got a settlement of $65 million from Facebook.
The Winklevoss twins founded Winklevoss Capital Management which is a firm that invests in many startups and related companies. In 2014, they together founded Gemini, a cryptocurrency exchange to buy and sell Bitcoin and other cryptocurrencies.
The Winklevoss Twins were born on August 21, 1981. They were born in New York and were raised in Greenwich, Connecticut. Their father was a professor at the University of Pennsylvania. They studied at Greenwich Country Day school. At only 13 years old they started learning HTML and created their own company which builds websites.
They enrolled in Harvard College in 2000 and studied economics as their major. After graduation, they went to Oxford University and earned their MBA degree.
Winklevoss Twins Biography
|August 21, 1981
|Southampton, New York
|Bitcoin Investors, Venture capitalists, entrepreneurs
|Harvard University, Oxford University
Net Worth 2022
In 2002 Winklevoss brothers along with their classmate Divya Narendra thought of an idea to find a better way to connect with fellow students in the university and other universities across the nation. They came up with the idea of a social network called HarvardConnection for Harvard students and soon the idea spread to other schools around the country.
In November 2002 through a mutual friend, the Winklevoss brothers approached Mark Zuckerberg for the completion of their project by providing code for the application. Mark took the project by accepting a share in the company and started working on it. They initially had meetings regarding how the website application should be and regarding the code modification. Eventually, Mark absconded the meetings by making some excuses and eventually launched his social network firstly in the domain thefacebook.com
In 2004 following the launch of Facebook by Mark Zuckerberg, ConnectU filed a case against Mark for breaking an oral contract with the team. The case also filed that Mark had stolen their source code which was meant for their application. Facebook also filed a counter against ConnectU. In 2008 both cases were settled by an agreement in which the Winklevoss brothers received $65 Million. The amount was split as $20 Million in cash and $45 Million in Facebook shares.
What is the Winklevoss twins net worth?
Winklevoss twins net worth is calculated to be $6 billion as of 2022.
What have the Winklevoss twins done?
They came up with the idea of a social network called ConnectU for which they hired Facebook founder Mark Zuckerberg as a coder for the completion of the project. They later told in a case file suit that Mark had stolen their idea and built his social media called facebook.com with their source code.
How did the Winklevoss twins get rich?
Winklevoss twins got a compensation of $65 Million over their lawsuit against Facebook. They also invested around $11 million worth of this money into Bitcoin when it was traded for around just $100.
Did Mark Zuckerberg settle with the Winklevoss twins?
Yes, Facebook had to give $65 million to the Winklevoss Twins against their lawsuit.